The city of Los Angeles will be paying respect to a legend.
A memorial for Prince will be held Friday, May 6 at 5 p.m. at Los Angeles City Hall and hosted by Mayor Eric Garcetti. The location -- which has been lit purple since the singer died on April 21 at age 57 -- was used as the primary location for the late singer's music video for the 1991 song, "Diamonds and Pearls."
Meanwhile, Prince's family have begun to speak out on their loss. Alfred Jackson, the artist's half brother told ET exclusively on Thursday "I miss my brother, because my brother was everything in the world to me."
EXCLUSIVE: Prince's Half-Brother Alfred Jackson Shares Childhood Memories, Grief
"God bless Prince, God bless the world. He's a legend, he really is," he added. "He was a genius."
Prince was found unresponsive in an elevator on his Paisley Park estate in Chanhassen, Minnesota, on April 21. A law enforcement source told CBS News that prescription drugs were found in the singer's possession and at his home at the time of his death.
WATCH: Prince's Paisley Park: Locksmith Drills Into Secret Vault as Sheriff Seals Search Warrant
The recording artist's body was cremated last week following an autopsy and toxicology exam. Prince was remembered by close family and friends in a private memorial over the weekend.
As his death is being mourned, the looming question surrounding Prince's estate -- worth a reported $300 million -- persists, after it was reported that Prince had no will when he died.
WATCH: Prince's Heirs: Meet the Late Singer's Family Members
Sheila E., Prince's longtime collaborator and former lover, told ET in a statement on Thursday that she is concerned the rock legend's death may be "exploited" for profit.
"Sheila's involvement or interest thus far has only been in what is previously stated here. She has received no compensation nor will accept compensation, and has actually refused many 'offers of profit' for so called 'tributes' performances in his name,” the statement concluded.
WATCH: Prince's Massive Fortune -- 4 Big Questions Answered
"[She] has promoted that the family or Paisley Park representatives have the final decision in regards to the usage of his name and likeness," the statement continued. "She feels strongly that tributes, concerts, or promotions should be authorized, and net revenues generated, be distributed in Prince's name to charities and causes which Prince has supported in the past."
"Sheila's involvement or interest thus far has only been in what is previously stated here," the statement concluded. "She has received no compensation nor will accept compensation, and has actually refused many 'offers of profit' for so called 'tributes' performances in his name."
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While the investigation surrounding his death continued on Thursday, the District Court of Carver County in Minnesota issued an order to seal all files from a recently obtained search warrant for Paisley Park Estate. An eyewitness tells ET that a locksmith was seen at the estate on Wednesday, who, according to local news media, was hired to drill into Prince's secret vault.
Watch the video below to see who Prince was according to those who knew him best.